Volunteers Of America Inc
Volunteers Of America Inc consistently operates with revenues slightly exceeding expenses, maintaining stable financial health.
EIN: 205182627 · Eden Prairie, MN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $36.4M |
| Total Expenses | $33.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $4.4M |
| Transparency Score | 85/100 |
Is Volunteers Of America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Volunteers Of America Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Volunteers Of America Inc
Volunteers Of America Inc (EIN: 205182627) is a nonprofit organization based in Eden Prairie, MN. The organization reported total revenue of $36.4M and total assets of $12.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volunteers Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volunteers Of America Inc is a large nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33.9M |
| Total Expenses | $33.7M |
| Surplus / Deficit | +$150K |
| Total Assets | $9.1M |
| Total Liabilities | $4.7M |
| Net Assets | $4.4M |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 52.0% |
| Months of Reserves | 3.2 months |
Financial Health Grade: A
In 2023, Volunteers Of America Inc reported a surplus of $150K with revenue exceeding expenses, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 52.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Volunteers Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.2% | -6.5% | +21.4% |
| 2022 | +0.9% | -5.9% | -17.9% |
| 2021 | +5.2% | +11.7% | -5.8% |
| 2020 | +12.7% | +15.6% | -3.2% |
| 2019 | +4.1% | +1.8% | -16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 1965 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Volunteers Of America Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Volunteers Of America Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $150K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size with annual revenues exceeding $30 million. This suggests either that compensation is not reported in this specific field, or that executives are compensated through other means, or that the organization operates with an entirely volunteer executive leadership, which would be exceptional.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Volunteers Of America Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and may indicate incomplete reporting or an unusual compensation structure.
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- Consistent operational surpluses, with revenues generally exceeding expenses (e.g., $33,862,455 revenue vs. $33,712,497 expenses in 2023).
- Stable asset growth over the past decade, from $4,463,534 in 2014 to $9,074,756 in 2023, indicating financial stability.
- High utilization of funds, with expenses consistently close to total revenue, suggesting a strong focus on deploying resources.
Frequently Asked Questions about Volunteers Of America Inc
Is Volunteers Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Volunteers Of America Inc (EIN: 205182627) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Volunteers Of America Inc spend its money?
Volunteers Of America Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Volunteers Of America Inc tax-deductible?
Volunteers Of America Inc is registered as a tax-exempt nonprofit (EIN: 205182627). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Volunteers Of America Inc CEO make?
Volunteers Of America Inc's highest-compensated officer earns $30 annually. The organization reported $36.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Volunteers Of America Inc's spending goes to programs?
Volunteers Of America Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Volunteers Of America Inc located?
Volunteers Of America Inc is headquartered in Eden Prairie, Minnesota and files with the IRS under EIN 205182627.
How many years of IRS 990 filings does Volunteers Of America Inc have?
Volunteers Of America Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $36.4M in total revenue.
How does Volunteers Of America Inc manage to report 0% officer compensation consistently?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It warrants further investigation to understand if executive compensation is reported under different categories, if executives are compensated by an affiliated entity, or if the organization truly operates with unpaid executive leadership.
What is the primary source of Volunteers Of America Inc's revenue?
While the provided data shows total revenue, it does not break down the sources (e.g., government grants, donations, program service fees). A deeper dive into the full IRS 990 forms would be necessary to identify the primary revenue streams.
How has the organization's program efficiency changed over time?
The data indicates that expenses are consistently very close to revenues, suggesting a high utilization of funds. For example, in 2023, expenses were 99.56% of revenue ($33,712,497 / $33,862,455). This implies a high level of program spending relative to total expenses, though specific program spending percentages are not detailed in the provided summary.
Filing History
IRS 990 filing history for Volunteers Of America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Volunteers Of America Inc's revenue has grown by 143.3%, moving from $13.9M to $33.9M. Total assets increased by 183.4% over the same period, from $3.2M to $9.1M. Total functional expenses rose by 146.1%, from $13.7M to $33.7M. In its most recent filing year (2023), Volunteers Of America Inc reported a surplus of $150K, with revenue exceeding expenses. The organization holds $4.7M in liabilities against $9.1M in assets (debt-to-asset ratio: 52.0%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33.9M | $33.7M | $9.1M | $4.7M | — | View 990 |
| 2022 | $36.5M | $36.1M | $7.5M | $3.3M | — | View 990 |
| 2021 | $36.2M | $38.3M | $9.1M | $5.3M | — | View 990 |
| 2020 | $34.4M | $34.3M | $9.7M | $3.8M | — | View 990 |
| 2019 | $30.5M | $29.7M | $10.0M | $4.2M | — | View 990 |
| 2018 | $29.3M | $29.1M | $11.9M | $6.6M | — | View 990 |
| 2017 | $27.2M | $26.3M | $11.6M | $6.5M | — | View 990 |
| 2016 | $24.9M | $24.0M | $7.9M | $3.7M | — | View 990 |
| 2015 | $22.3M | $21.0M | $6.9M | $3.6M | — | View 990 |
| 2014 | $20.4M | $19.1M | $4.5M | $2.4M | — | View 990 |
| 2013 | $18.3M | $16.9M | $3.7M | $3.0M | — | View 990 |
| 2012 | $16.6M | $15.4M | $4.2M | $4.8M | — | View 990 |
| 2011 | $13.9M | $13.7M | $3.2M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33.9M, expenses of $33.7M, and assets of $9.1M (revenue -7.2% year-over-year).
- 2022: Revenue of $36.5M, expenses of $36.1M, and assets of $7.5M (revenue +0.9% year-over-year).
- 2021: Revenue of $36.2M, expenses of $38.3M, and assets of $9.1M (revenue +5.2% year-over-year).
- 2020: Revenue of $34.4M, expenses of $34.3M, and assets of $9.7M (revenue +12.7% year-over-year).
- 2019: Revenue of $30.5M, expenses of $29.7M, and assets of $10.0M (revenue +4.1% year-over-year).
- 2018: Revenue of $29.3M, expenses of $29.1M, and assets of $11.9M (revenue +7.6% year-over-year).
- 2017: Revenue of $27.2M, expenses of $26.3M, and assets of $11.6M (revenue +9.4% year-over-year).
- 2016: Revenue of $24.9M, expenses of $24.0M, and assets of $7.9M (revenue +11.7% year-over-year).
- 2015: Revenue of $22.3M, expenses of $21.0M, and assets of $6.9M (revenue +9.1% year-over-year).
- 2014: Revenue of $20.4M, expenses of $19.1M, and assets of $4.5M (revenue +11.6% year-over-year).
- 2013: Revenue of $18.3M, expenses of $16.9M, and assets of $3.7M (revenue +10.2% year-over-year).
- 2012: Revenue of $16.6M, expenses of $15.4M, and assets of $4.2M (revenue +19.1% year-over-year).
- 2011: Revenue of $13.9M, expenses of $13.7M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volunteers Of America Inc:
Data Sources and Methodology
This transparency report for Volunteers Of America Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.